£490,460
This estimated value is based upon the latest sale price for the house of £276,000 on 28 Feb 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £276,000 | 28 Feb 2006 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in February 2006 the House Price Index for ESSEX was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £276,000 results in an estimated price of approximately £490,460.
| 28 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £276,000 | £214,460 | £490,460 |
The Postcode Pricing Model uses changes in average sales price within the CO5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 103.044 % | £284,400 | £560,400 |
| 3 Month Average | 76.141 % | £210,149 | £486,149 |
| 6 Month Average | 76.318 % | £210,638 | £486,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £355,000 | £355,000 | 29 SHELLEY AVENUE |
| 8 Dec 2023 | £547,072 | £537,500 | 2 NEWBRIDGE ROAD |
| 24 Jul 2023 | £522,026 | £515,000 | 28 WADLEY CLOSE |
| 19 Aug 2022 | £548,524 | £550,000 | 4 SHELLEY AVENUE |
| 19 Apr 2022 | £499,453 | £485,000 | 28 SHELLEY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Shelley Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birchwood Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Woodview |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Powell Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birchwood Way |